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... but prop trading firms have been doing this for a long time.
by helsinki 7y ago
... but prop trading firms have been doing this for a long time.
- logicchains 7y agoA source to back this up: https://spectrum.ieee.org/tech-talk/telecom/wireless/wall-street-tries-shortwave-radio-to-make-highfrequency-trades-across-the-atlantic https://spectrum.ieee.org/tech-talk/telecom/wireless/wall-st...
- teraflop 7y ago"Shortwave radio" occupies the HF band, which has very different behavior from the UHF band discussed in this article. Amateur and commercial broadcasters have been using HF for transatlantic communications singe long before high-frequency trading existed.
- logicchains 7y agoMaybe this would have been a better response to the grandparent comment than downvoting it, as I don't think it's reasonable to expect most HN commenters to know the difference between UHF and HF (or even that they're different things), and the article makes no mention of it.